vs
Side-by-side financial comparison of Butterfly Network, Inc. (BFLY) and CS Disco, Inc. (LAW). Click either name above to swap in a different company.
CS Disco, Inc. is the larger business by last-quarter revenue ($41.9M vs $26.5M, roughly 1.6× Butterfly Network, Inc.). CS Disco, Inc. runs the higher net margin — -23.0% vs -47.8%, a 24.8% gap on every dollar of revenue. On growth, Butterfly Network, Inc. posted the faster year-over-year revenue change (25.0% vs 14.3%). Over the past eight quarters, Butterfly Network, Inc.'s revenue compounded faster (11.1% CAGR vs 7.9%).
Butterfly Network, Inc. is a digital health company that develops, manufactures and sells affordable, portable whole-body ultrasound devices powered by proprietary semiconductor technology. It serves clinical professionals, healthcare facilities, and home care users across global markets, with a core mission to expand access to medical imaging for underserved communities.
CS Disco, Inc. is a leading legal technology provider that develops cloud-based software solutions for legal practitioners. Its core offerings include e-discovery, document review, case management, and legal workflow automation tools, serving law firms, corporate legal teams, and government legal departments primarily in North America.
BFLY vs LAW — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $26.5M | $41.9M |
| Net Profit | $-12.7M | $-9.6M |
| Gross Margin | 68.9% | 74.2% |
| Operating Margin | -21.2% | 1.7% |
| Net Margin | -47.8% | -23.0% |
| Revenue YoY | 25.0% | 14.3% |
| Net Profit YoY | — | 15.6% |
| EPS (diluted) | $-0.05 | $-0.15 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $26.5M | $41.9M | ||
| Q4 25 | $31.5M | $41.2M | ||
| Q3 25 | $21.5M | $40.9M | ||
| Q2 25 | $23.4M | $38.1M | ||
| Q1 25 | $21.2M | $36.7M | ||
| Q4 24 | $22.4M | $37.0M | ||
| Q3 24 | $20.6M | $36.3M | ||
| Q2 24 | $21.5M | $36.0M |
| Q1 26 | $-12.7M | $-9.6M | ||
| Q4 25 | $-15.3M | $-8.5M | ||
| Q3 25 | $-34.0M | $-13.7M | ||
| Q2 25 | $-13.8M | $-10.8M | ||
| Q1 25 | $-14.0M | $-11.4M | ||
| Q4 24 | $-18.1M | $-25.2M | ||
| Q3 24 | $-16.9M | $-9.2M | ||
| Q2 24 | $-15.7M | $-10.8M |
| Q1 26 | 68.9% | 74.2% | ||
| Q4 25 | 67.3% | 75.1% | ||
| Q3 25 | -17.5% | 75.5% | ||
| Q2 25 | 63.7% | 74.6% | ||
| Q1 25 | 63.0% | 74.1% | ||
| Q4 24 | 61.5% | 74.2% | ||
| Q3 24 | 59.5% | 73.1% | ||
| Q2 24 | 58.6% | 74.2% |
| Q1 26 | -21.2% | 1.7% | ||
| Q4 25 | -53.0% | -22.4% | ||
| Q3 25 | -163.5% | -35.3% | ||
| Q2 25 | -68.9% | -31.0% | ||
| Q1 25 | -87.0% | -34.4% | ||
| Q4 24 | -77.5% | -70.6% | ||
| Q3 24 | -83.9% | -30.0% | ||
| Q2 24 | -80.2% | -34.4% |
| Q1 26 | -47.8% | -23.0% | ||
| Q4 25 | -48.5% | -20.7% | ||
| Q3 25 | -158.1% | -33.4% | ||
| Q2 25 | -59.2% | -28.4% | ||
| Q1 25 | -65.8% | -31.1% | ||
| Q4 24 | -81.0% | -68.1% | ||
| Q3 24 | -82.3% | -25.3% | ||
| Q2 24 | -73.1% | -30.1% |
| Q1 26 | $-0.05 | $-0.15 | ||
| Q4 25 | $-0.06 | $-0.13 | ||
| Q3 25 | $-0.13 | $-0.22 | ||
| Q2 25 | $-0.06 | $-0.18 | ||
| Q1 25 | $-0.06 | $-0.19 | ||
| Q4 24 | $-0.09 | $-0.43 | ||
| Q3 24 | $-0.08 | $-0.15 | ||
| Q2 24 | $-0.07 | $-0.18 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $138.0M | $103.0M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $191.2M | $123.9M |
| Total Assets | $285.9M | $162.4M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $138.0M | $103.0M | ||
| Q4 25 | $150.5M | $114.6M | ||
| Q3 25 | $144.2M | $113.5M | ||
| Q2 25 | $148.1M | $114.5M | ||
| Q1 25 | $155.2M | $118.8M | ||
| Q4 24 | $88.8M | $129.1M | ||
| Q3 24 | $93.8M | $126.8M | ||
| Q2 24 | $102.1M | $130.0M |
| Q1 26 | $191.2M | $123.9M | ||
| Q4 25 | $196.0M | $128.1M | ||
| Q3 25 | $203.8M | $130.6M | ||
| Q2 25 | $232.8M | $137.9M | ||
| Q1 25 | $239.7M | $142.2M | ||
| Q4 24 | $168.8M | $147.5M | ||
| Q3 24 | $181.8M | $167.3M | ||
| Q2 24 | $194.3M | $170.9M |
| Q1 26 | $285.9M | $162.4M | ||
| Q4 25 | $296.5M | $173.6M | ||
| Q3 25 | $290.0M | $174.8M | ||
| Q2 25 | $313.3M | $164.9M | ||
| Q1 25 | $318.4M | $168.0M | ||
| Q4 24 | $256.1M | $180.3M | ||
| Q3 24 | $265.3M | $194.4M | ||
| Q2 24 | $273.1M | $198.0M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-13.9M | $-11.7M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $-13.9M | $-11.7M | ||
| Q4 25 | $9.0M | $762.0K | ||
| Q3 25 | $-2.9M | $-979.0K | ||
| Q2 25 | $-7.2M | $-4.2M | ||
| Q1 25 | $-11.7M | $-10.5M | ||
| Q4 24 | $-3.1M | $2.1M | ||
| Q3 24 | $-7.9M | $-2.9M | ||
| Q2 24 | $-10.0M | $-650.0K |
| Q1 26 | — | — | ||
| Q4 25 | $7.9M | $255.0K | ||
| Q3 25 | $-3.9M | $-2.0M | ||
| Q2 25 | $-8.1M | $-5.2M | ||
| Q1 25 | $-12.0M | $-11.0M | ||
| Q4 24 | $-3.5M | $1.5M | ||
| Q3 24 | $-8.3M | $-3.7M | ||
| Q2 24 | $-10.7M | $-1.3M |
| Q1 26 | — | — | ||
| Q4 25 | 25.2% | 0.6% | ||
| Q3 25 | -18.2% | -5.0% | ||
| Q2 25 | -34.5% | -13.6% | ||
| Q1 25 | -56.7% | -30.1% | ||
| Q4 24 | -15.8% | 4.1% | ||
| Q3 24 | -40.5% | -10.3% | ||
| Q2 24 | -50.0% | -3.6% |
| Q1 26 | — | — | ||
| Q4 25 | 3.4% | 1.2% | ||
| Q3 25 | 4.7% | 2.6% | ||
| Q2 25 | 3.8% | 2.5% | ||
| Q1 25 | 1.7% | 1.4% | ||
| Q4 24 | 1.8% | 1.5% | ||
| Q3 24 | 2.0% | 2.4% | ||
| Q2 24 | 3.4% | 1.8% |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BFLY
| Product | $14.7M | 55% |
| Software and other services | $11.9M | 45% |
LAW
Segment breakdown not available.
